Wire transfer is one of a credit union's most-susceptible areas in terms of fraud, money laundering and other unlawful activities. This webinar will provide an overview of requirements and practical suggestions. Handouts include sample information forms; spreadsheets for recordkeeping, monitoring, and data retrieval; a sample risk assessment; and an audit questionnaire. Topics covered during this session include:
- Wire transfer safety and soundness issues
- Regulation J and UCC-4A
- USA PATRIOT Act 314(a) information sharing
- Regulation GG Internet Gambling
- Fedwire and CHIPS Customer Transfer Plus (CTP)
- Regulation E remittance transfer rules
Presenter: Rhonda Hudson, Compliance +, Inc.
Who should attend: Branch Mangers, Compliance Officers, Frontline, Operations, Tellers and CEOs
Time: 2 p.m.-3:30 p.m.
Cost: $209 (includes archive)
Registration deadline: Thursday, July 5
Coupling telephone conference interaction with web site technology, this session brings informative, interactive training directly to you. During the webinar, you'll view a real time PowerPoint presentation on your computer while listening to the audio connection via telephone.
While credit unions are encouraged to use the webinar to train multiple individuals at once, the credit union will be charged for each computer connection that uses its login code. Participants will receive login instructions and handout materials via e-mail prior to the webinar. In addition after the session, registrants will receive a CD-ROM.